338 Partridge Avenue
About This Property
Spacious 2-bedroom, 2-bathroom manufactured home offers 1,542 square feet of comfortable living space on a permanent foundation system. It's a great opportunity to personalize a well-maintained home with your own finishing touches. Recent updates include new carpet throughout, along with new laminate flooring in the kitchen and both bathrooms. The thoughtful layout features a spacious living room with large windows to let in lots of natural light. A kitchen with pantry, a dedicated dining area, and a large indoor laundry room for everyday convenience. Step outside to a generous covered patio-perfect for relaxing or entertaining-and take advantage of the included storage shed.
Located in Quail Run, a gated 55+ community in Paso Robles, residents enjoy access to resort-style amenities including a pool and spa, pickleball court, clubhouse, and beautifully kept grounds. With solid bones, recent improvements, and incredible potential, this home is a smart buy in one of Paso's most desirable senior communities.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Decreased |
$299,999
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Aug 15, 2025 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jul 23, 2025 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017